Azhar Iqubal is a 30-year-old CEO and the co-founder of Inshorts and has just been inducted as the latest judge for ‘Shark Tank India’. The latest announcement was made by him on X formerly known as Twitter.
In a post, Shark Tank India said that the shooting for the fourth edition of the series. Shark India has asked fans to remain tuned.
Azhar Iqubal first came into prominence when he along with his IIT classmates Anunay Arunav and Deepit Purkayastha started a Facebook Page ‘News in Shorts’. The news page gave summaries of news in 60 words. The genesis of English news app, Inshorts can be traced to this Facebook Page ‘News in Shorts’.
Azhar was studying mathematics and computer science at IIT from 2009 to 2012 when he made the daring decision to leave the premiere institution and start his own startup.
Azhar Iqubal along with Inshorts co-founders basically from Bihar and IIT dropouts. Today Inshorts has reached a value of Rs 3,700 crores. Azhar Iqubal also started a company named Public which is basically a location-based social network. The social network has over 50 million active users and creates more than 1 million videos each month.
Azhar Iqubal is the recipient of a number of awards and recognitions. He has received the BusinessWorld Young Entrepreneur Award and also features in Forbes India 30 under 30 Forbes Asia 30 under 30, Business World 40 under 40, and Fortune India 40 under 40.
Azhar Iqubal: The Founder and CEO of InShort
Inshorts which was earlier known as News In Shorts is operated from Delhi and is basically an app for content discovery and distribution application for Android and iOS platforms. Inshorts is a platform that collects news and content including videos, informatics, and blogs within a word limit of 60 words. It is a highly-rated Indian News app and has received more than ten million downloads since April 2015.
Three dropouts from the Indian Institute of Technology, Azhar Iqubal, Deepit Purkayastha, and Anunay Arunav started a Facebook page “News In Shorts” which evolved into Inshorts in 2013. It was listed in Nasscom’s 10,000 Startups. The app was first launched on Android in 2013 and iOS in 2015.
There are many big investors who have invested in the startup. The Series A funding ended in February 2015 with $4 million being led by Tiger Global. Other investors include Bansals of Flipkart and Rebright Partners. Another $20 million was raised in the Series B round the same year led by existing investor ‘Tiger Global’.
Azhar Iqubal Joining Shark Tank
Shark Tank India is all set to start a new season and will feature some new faces along with five other older sharks. In recent times a fresh face Ritesh Agarwal, founder of OYO Rooms has been included in the Shark Tank panel. Another new face is the CEO of InShort Azhar Iqubal, who is all set to join as a shark in the show.
Azhar Iqbal is a man with a vision and with his innovative genius has made it into the history books by creating one of the most successful enterprises, Inshorts. He has revolutionized the way millions consume news, leading to his elevation into the coveted panel of Shark Tank India. His journey can be best described in one word-Inspirational.
What is Azhar’s Estimated Net Worth?
Azhar’s startup Insights has received a lot of funding via a series of funding rounds in 2021. Many entrepreneurs including Bansals of Flipkart and Rebright Partners have invested in the company and its valuation is reportedly around $550 million Azhar might have other investments or assets that haven’t been made public. Therefore Azhar’s net worth at best can only be speculative.
Azhar Iqubal’s Personal Front: Wife and Children
Azhar does have a family and parents but he is very tightlipped in divulging details of his personal life or his wife or girlfriend. There is almost no data in the public domain about his family.
|Full Name||Azhar Iqubal|
|Date Of Birth||7 October 1992|
|College||Indian Institute Of Technology|
|Business Name||Inshorts App|
|Co Founder||Deepit Purkayastha and Anunay Arunav|
|Net Worth||INR 500 crores|